Sunday Papers: Key Tesco investor cuts stake

Top stories

The Sunday Telegraph: Chief investment officer of Harris Associates, a US investment fund which was Tesco's seventh-largest shareholder, said it has sold two thirds of its stake in the struggling supermarket.

Mail on Sunday: Ursula Lidbetter, chair of the Co-operative Group, is to make finding her own replacement her top priority after delegates to a special meeting voted for sweeping reforms to the organisation’s board.

Mail on Sunday: Music and video chain HMV is on the brink of regaining its crown as the UK’s biggest retailer of CDs and DVDs from Amazon as customers flock to its stores to watch live bands and buy hard copies of music releases.

Mail on Sunday: Financial services group Hargreaves Lansdown is expected to say it will apply for a full banking licence to take advantage of a growing flood of client money through its business.

The Sunday Telegraph: Glennmont, the largest green energy fund in Europe, raises €500 million (£300m) to invest in turbines across the UK and Europe.

Business and economics

Mail on Sunday: Sainsbury's began selling its clothing range on the internet this weekend as part of a plan to turn its fashion lines into a £1 billion business.

The Sunday Telegraph: Frozen food retailer Iceland Foods has completed a major refinancing to repay loans made at the time of the 2012 management buy-out.

The Sunday Telegraph: Activist to push NBNK to sue Lloyds; activist fund Crystal Amber has raised its stake in the cash sell to almost 28%.

The Sunday Telegraph: Liberty Global is canvassing support from major ITV shareholders, raising speculation of a full takeover bid.

Mail on Sunday: Aviva, the UK’s largest general insurer, said it received 2,700 claims in the second quarter of this year compared with 750 in the first quarter of 2010.

Mail on Sunday: Small business network Enterprise Nation is set to open an events and education space dedicated to small businesses in time for this week’s Small Business Advice Week.

Mail on Sunday: Fresh from his battle with the Serious Fraud Office, Iranian-born property tycoon Robert Tchenguiz is now in dispute with the taxman.

Mail on Sunday: Discount health and beauty group Savers is enjoying booming sales as its cut-price offering attracted cash-strapped shoppers.

Mail on Sunday: Surface Generation, a British manufacturer turned down for funding by high street banks, has won a million-pound contract with a Japanese engineering giant that will double its turnover.

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